Try It!
Based on the appropriate update interval as defined by the benefits metrics – monthly, quarterly, or annually, you can develop a benefits realization plan with ongoing updates to track actuals and update forecasts for the remaining tracking intervals.
Important: Based on the update frequency defined by the Update Interval, the Benefits Tracking records should be updated to reflect Actuals benefits realized and to update any remaining forecasts as required.
To track benefits:
Create benefits tracking record
- Ensure you are in Strategy IQ and click Benefits in the Strategy section.
- Select and find the benefit you wish to track benefits for.
- Click on the appropriate benefit from the list.
- Select the Benefits Tracking tab.
- Click + New Benefits Tracking to create a new Benefits tracking record
- Create Benefits Tracking records based on how each benefit has been defined, i.e. unit of measure, update interval and start/finish dates.
- Click Save & Close.
Update benefits tracking record
- Ensure you are in Strategy IQ and click Benefits in the Strategy section.
- Select and find the benefit you wish update benefits tracking.
- Click on the appropriate benefit from the list.
- Select the Benefits Tracking tab.
- Click the appropriate Benefits Tracking record.
- Update the Benefits Tracking records-based Actuals realized or updated forecasts.
- Provide comments as required to define values entered.
- Click Save & Close.
Download Job Aid: Creating and maintaining benefits
Disclaimer: Some images in the instructional video and text instructions contained herein may appear different from (or not available) in your organization’s Sensei IQ instance due to specific custom configurations and/or continuous solution updates. Ensure that you are already an enabled user in the Sensei.IQ for Project application and check out the What’s New page. Contact your system administrator for any assistance.